Listing Agent: Matthew Thomson      Broker/Office: Compass
1036 Dodge Drive Redwood City CA 94063
$ 1,500,000
  3   |    2   |    2470 Sq Feet

Listing ID

#ML82059601

Status

Active

Property Type

Single Family Residence

County

San Mateo

Year Built

1969

Days on website

11

Description
TWO TURNKEY HOMES ON ONE LOT! NO SHARED WALLS! FULLY RENOVATED WITH LARGE PRIVATE YARDS! Incredible opportunity for investor or owner-occupier in highly sought after Friendly Acres Neighborhood. Excellent Unit Mix: (1) 3-Bedroom / 2-Bath Home (1,126 SF) & (1) 2-Bedroom / 1-Bath Home (817 SF). Tenants pay ALL utilities! The fully renovated homes are only connected by a garage. The front home has a large private fenced front yard, and the rear home has a large private fenced back yard. Excellent in place rents deliver great cash flow - 4.04% Cap Rate Day One for investors. Turnkey homes create excellent owner-occupier acquisition on a quiet, tree-lined street in close proximity to dining, shopping & entertainment amenities of downtown Redwood City and quick access to highways 101,84,280.
Location
Financial Information
List Price:  $ 1500000
Property Features
High School District:  Other
Roof:  Composition, Shingle
Water Source:  Public
High School District:  Other
MLS Area Major:  699 - Not Defined
City:  Redwood City
Listed By:   Matthew Thomson   Compass 
Co-listed by
Steve Zirelli  
CA Lic#